Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Break Below Fifty Day Moving Average – Here’s What Happened

Vanguard Total Bond Market ETF (NASDAQ:BND)’s stock price crossed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $70.95 and traded as low as $70.65. Vanguard Total Bond Market ETF shares last traded at $70.65, with a volume of 14,559,233 shares traded.

Vanguard Total Bond Market ETF Stock Down 0.6%

The business has a fifty day moving average price of $70.95 and a 200 day moving average price of $72.75.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Bank of America Corp DE grew its stake in Vanguard Total Bond Market ETF by 7.2% during the first quarter. Bank of America Corp DE now owns 25,672,831 shares of the company’s stock worth $1,890,547,000 after buying an additional 1,720,405 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Vanguard Total Bond Market ETF by 5.4% in the second quarter. Envestnet Asset Management Inc. now owns 25,163,867 shares of the company’s stock worth $1,847,279,000 after acquiring an additional 1,284,033 shares in the last quarter. Allworth Financial LP increased its position in shares of Vanguard Total Bond Market ETF by 22.2% in the third quarter. Allworth Financial LP now owns 23,054,012 shares of the company’s stock worth $1,692,395,000 after acquiring an additional 4,185,827 shares in the last quarter. Sei Investments Co. raised its stake in shares of Vanguard Total Bond Market ETF by 4.3% in the 1st quarter. Sei Investments Co. now owns 18,628,006 shares of the company’s stock valued at $1,371,765,000 after acquiring an additional 772,895 shares during the period. Finally, SBI Okasan Asset Management Co.Ltd. raised its stake in shares of Vanguard Total Bond Market ETF by 48.1% in the 3rd quarter. SBI Okasan Asset Management Co.Ltd. now owns 10,209,710 shares of the company’s stock valued at $717,028,000 after acquiring an additional 3,314,570 shares during the period.

Vanguard Total Bond Market ETF Company Profile

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.